BRIAR
ActiveSummary
BRIAR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219,459 and a net result of €15,616. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 87% of 1654 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 7.02 against 3.89 in 2024; short-term debt: 14.1% and cash: 33.1% of total assets), and 14.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.9%
Return on assets
6.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d late
2023
34 d early
2022
52 d early
2021
5 d early
2020
32 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€219,459▲ 7.7%
2024 · €203,843
Total assets
€255,402▼ 6.6%
2024 · €273,446
Net result
€15,616▲ 10.3%
2024 · €14,156
Working capital
€216,554▲ 7.8%
2024 · €200,938
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14,148▼ 5.4%€21,467▲ 51.7%€2,600▼ 87.9%€20,032▲ 671%€20,586▲ 2.8%
Net result€8,467▼ 10.9%€14,581▲ 72.2%-€212€14,156€15,616▲ 10.3%
Equity€175,319▲ 5.1%€189,899▲ 8.3%€189,688▼ 0.1%€203,843▲ 7.5%€219,459▲ 7.7%
Total assets€256,873▲ 11.1%€258,421▲ 0.6%€232,768▼ 9.9%€273,446▲ 17.5%€255,402▼ 6.6%
Debt€81,554▲ 26.9%€68,522▼ 16.0%€43,081▼ 37.1%€69,603▲ 61.6%€35,943▼ 48.4%
Working capital€172,414▲ 5.2%€186,994▲ 8.5%€186,783▼ 0.1%€200,938▲ 7.6%€216,554▲ 7.8%
Staff (FTE)3.9▼ 22.0%3.9=3▼ 23.1%3=3=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255,402
Fixed assets
€2,905 =
Current assets
€252,497 ▼ 6.7%
Equity and liabilities €255,402
Equity
€219,459 ▲ 7.7%
Debt
€35,943 ▼ 48.4%
Debt's share of the balance-sheet total falls from 25.5% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
7.02▲
2024 · 3.89
Debt to equity
0.16▼
2024 · 0.34
ROE
7.1%▲
2024 · 6.9%
ROA
6.1%▲
2024 · 5.2%
Debt ≤ 1 year
€35,943▼
2024 · €69,603
Income taxes
€4,930▼
2024 · €5,013
Staff costs
€165,386▲
2024 · €163,272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €183,472 | €199,121 | €163,360 | €163,272 | €165,386 | ▲ 1.3% |
| Other operating charges640/8 | €2,085 | €1,009 | €903 | €472 | €712 | ▲ 50.8% |
| Gross operating margin9900 | €199,705 | €221,596 | €166,863 | €183,776 | €186,684 | ▲ 1.6% |
| Operating profit (loss)9901 | €14,148 | €21,467 | €2,600 | €20,032 | €20,586 | ▲ 2.8% |
| Financial income75/76B | €0 | €0 | - | €116 | €761 | ▲ 554% |
| Recurring financial income75 | €0 | €0 | - | €116 | €761 | ▲ 554% |
| Financial charges65/66B | €681 | €876 | €932 | €980 | €800 | ▼ 18.3% |
| Recurring financial charges65 | €681 | €876 | €932 | €980 | €800 | ▼ 18.3% |
| Profit (loss) for the period before taxes9903 | €13,467 | €20,590 | €1,667 | €19,168 | €20,546 | ▲ 7.2% |
| Income taxes67/77 | €4,999 | €6,010 | €1,879 | €5,013 | €4,930 | ▼ 1.6% |
| Profit (loss) for the period9904 | €8,467 | €14,581 | -€212 | €14,156 | €15,616 | ▲ 10.3% |
| Profit (loss) for the period to be appropriated9905 | €8,467 | €14,581 | -€212 | €14,156 | €15,616 | ▲ 10.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €256,873 | €258,421 | €232,768 | €273,446 | €255,402 | ▼ 6.6% |
| Fixed assets21/28 | €2,905 | €2,905 | €2,905 | €2,905 | €2,905 | = |
| Financial fixed assets28 | €2,905 | €2,905 | €2,905 | €2,905 | €2,905 | = |
| Current assets29/58 | €253,968 | €255,516 | €229,863 | €270,541 | €252,497 | ▼ 6.7% |
| Amounts receivable within one year40/41 | €230,377 | €216,972 | €217,105 | €249,618 | €168,038 | ▼ 32.7% |
| Trade receivables40 | €221,377 | €212,555 | €215,005 | €217,515 | €75,038 | ▼ 65.5% |
| Other amounts receivable41 | €9,000 | €4,418 | €2,100 | €32,103 | €93,000 | ▲ 190% |
| Cash at bank and in hand54/58 | €23,355 | €38,328 | €12,532 | €19,994 | €84,459 | ▲ 322% |
| Deferred charges and accrued income490/1 | €236 | €215 | €227 | €930 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €256,873 | €258,421 | €232,768 | €273,446 | €255,402 | ▼ 6.6% |
| Equity10/15 | €175,319 | €189,899 | €189,688 | €203,843 | €219,459 | ▲ 7.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €21,859 | €21,859 | €21,859 | €21,859 | €21,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €20,000 | €20,000 | €21,859 | €21,859 | €21,859 | = |
| Profit (loss) carried forward14 | €134,867 | €149,448 | €149,236 | €163,392 | €179,008 | ▲ 9.6% |
| Amounts payable17/49 | €81,554 | €68,522 | €43,081 | €69,603 | €35,943 | ▼ 48.4% |
| Amounts payable within one year42/48 | €81,554 | €68,522 | €43,081 | €69,603 | €35,943 | ▼ 48.4% |
| Trade debts44 | €45,785 | €25,983 | €19,616 | €41,446 | €236 | ▼ 99.4% |
| Suppliers440/4 | €45,785 | €25,983 | €19,616 | €41,446 | €236 | ▼ 99.4% |
| Taxes, remuneration and social security45 | €35,526 | €42,538 | €23,465 | €22,149 | €35,707 | ▲ 61.2% |
| Taxes450/3 | €13,760 | €17,241 | €5,775 | €2,742 | €13,490 | ▲ 392% |
| Remuneration and social security454/9 | €21,765 | €25,298 | €17,690 | €19,407 | €22,217 | ▲ 14.5% |
| Other amounts payable47/48 | €243 | - | - | €6,007 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,467 | €14,581 | -€212 | €14,156 | €15,616 | ▲ 10.3% |
| Operating cash flow (approximation) | €8,467 | €14,581 | -€212 | €14,156 | €15,616 | ▲ 10.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €14,973 | -€25,796 | €7,462 | €64,465 | ▲ 764% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €15,616 ▲10.3%
Net result €15,616, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Back to profitnet €14,156
Net result €14,156 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €203,843 ▲7.5%
Equity rises from €189,688 to €203,843.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€212
Net result drops to -€212, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2000
Ground area
2.1 ha
Building footprint
8,241 m²
Volume, LiDAR
67,063 m³
Parcel 23057C0010/00P000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Hermesstraat 7, 1930 Zaventem
since 20002.099.565.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23057C0010/00P000 | Flanders | 2.1 ha | 1 · 8,241 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: HAMAAN. The sources do not say who stands above it.
Owners 1
- BLINDS HOLDINGparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,781. 1,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
73200Market research and public opinion polling
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471372389
Registered
27-03-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.